Description

As the world competes for market share in the solar production industry, China leads the competition with Chinese solar companies now controlling two thirds of the $39 billion photovoltaic (PV) solar production global market. If the United States is to vie for greater market share, then there are a multitude of factors that must be considered, such as the connection between innovation and both domestic and foreign markets, as well as the role of financing. Since many solar companies struggle to gain enough scale in order to become a viable competitor, subsidies, partnerships, and legislation play a significant part in the debate. How can American companies compete with China? How has the Solyndra bankruptcy affected the industry?